The Society

September 2005 Newsletter - Issue 7

IN THIS ISSUE

∑ Chairman's Comment

∑ Obituary: Sir Edwin Leather, KCMG, KCVO, LLD

∑ Overview from the Minister of Tourism & Transport

∑ Benfield Bermuda Quarterly Report - 1Q 2005

∑ Society Events ‹ Alan Thompson's Speech ‹ Richard Fox's Speech

∑ Admiral Sir George Somers' Commemorative Parade Chairman’s Comment a wealth and breadth of experience in public service, in uniform and in politics and broadcasting, when he was asked The Society continues to progress towards its goal of to become Governor and Commander-in-Chief of Bermuda becoming a meaningful vehicle to continue the relationship in 1973 after the murder of Sir Richard Sharples. He needed between Bermuda and the United Kingdom. The Society can and obtained, from the very outset, the support of his wife advance the goodwill that exists and facilitate the exchange Sheila. of views in a non-political arena. On arrival in Bermuda he made it clear that, whatever the We greatly value the support of our membership and security advice, he would go anywhere and everywhere to be encourage others to join and support us in this endeavor. a Governor for all Bermudians. He immediately increased We were privileged to have Alan Thompson, President and the Bermudian presence at Government House, notably CEO of Butterfield Bank as our guest speaker at the Lunch through his choice, for the first time, of a Bermudian as his following our Annual General Meeting in Guildhall on May aide-de-camp. He also appointed a Bermudian as his 12th. He gave a most informative and enjoyable talk about Honorary Chaplin. With his experience of the Bath Arts the value of Bermuda as an international jurisdiction and Festival and his friendship with Yehudi Menuhin, he was why he enjoys living and working in such a setting. instrumental in encouraging the formation of the Bermuda Our Premier spoke at the last Annual Dinner in November Festival (becoming its Patron in 1975) and the Menuhin 2004 and announced his intention to explore independence Foundation of Bermuda. Through golf too, leading as ever for Bermuda. Much has happened since then and we await from the front, Ted Leather was determined to bridge the the publication of the report from the Bermuda Independence racial divide, to work to resolve tensions, and to enrich the Commission which was submitted to Cabinet in July. island's vibrant cultural, artistic and sporting life. There has been a change in Tourism representation in As an individual his happy domestic life communicated London with the appointment of Thomas MacDonald to itself to others. Religion was important to him and in his represent Bermuda - we offer our congratulations to Mr. involvement in the community. Ted's easy-going informality MacDonald and thank him for agreeing to become a Member and straightforward, open approach enabled him to achieve of the Society's Management Committee. what his courage and commonsense told him needed to be done. When his term as Governor was over in 1977, he This year, the Society's 19th Annual Dinner will be held at underlined his faith in the island and the success he had the House of Lords on Wednesday, November 16th and we achieved in working for harmony, by staying on in Bermuda are delighted that Cheryl Ann Lister, Chairman of the for the rest of his long and active life. Naturally his funeral Bermuda Monetary Authority will be our guest speaker. was at St Paul's Church in Paget. A man of many parts, who I encourage as many of you as possible to attend and bring could have lived in many places in the world, was put to rest guests to this event, and I look forward to seeing you there. at home. Dr. James A. C. King, MD, FRCS(C), FACS, JP. J. Thorold Masefield, CMG Governor and Commander-in-Chief of Bermuda Sir Edwin Leather, 1997-2001 KCMG, KCVO, LLD Overview from the Minister of 1919 - 2005 Tourism & Transport The Bermuda Society learned with sorrow of the death of Sir With the "Beach and Sizzle" season now upon us and the Edwin Leather on 5 April 2005. With his outgoing, Island celebrating its Quincentennial, this tourism year has approachable personality he enjoyed a full life of many already proven a very successful one for Bermuda and the facets, serving and leading others with courage and future continues to look bright. dedication. Indeed, the first quarter of 2005 saw total arrivals to our Ted Leather was born in Canada in 1919 and educated there, Island up 11.6% over 2004, which is extremely encouraging. graduating from the Canadian Military Academy. He married his childhood sweetheart in 1940, and served from 1940-45 The ongoing reinvigoration of our tourism product is with the Canadian Army (Parachute Battalion), fighting tremendous news for everyone concerned and all around through Belgium, Holland and Germany from soon after D- Bermuda, you will see evidence of this continued upgrading Day. He stayed on in Britain after the war, working in the process. May saw the official opening of our most modern City and becoming prominent in British politics, especially and exciting property, the stylish 9 Beaches Resort, which as the Conservative Member of Parliament for North truly heralds a new dawn for Bermuda. This major addition Somerset. He was also a well known radio broadcaster and to our hotel scene is a landmark step for tourism. They are personality. He had a passionate interest in music and the very keen to attract the younger, more casual yet equally Arts, becoming Chairman of the Bath Festival 1960-65, and discerning traveller. It is this new breed of holidaymaker establishing a friendship with Yehudi Menuhin. who seeks out status and luxury in an understated way and to whom its 84 chic cabanas and flip-flop dining policy will Although he retired as a Member of Parliament in 1963 for certainly appeal. health reasons, he remained very active in the Conservative Party, serving on the National Executive Committee 1963-70 To give you an indication of 9 Beaches' contemporary style, and chairing the Party Conference in 1970. He was also a all guests receive a Bermuda mobile phone on arrival for use Lay Reader in the Church of England. He therefore brought during their stay and iPods are also available. The

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2 architectural focus here is very much on light and relaxation, The festivities will then continue late into the month as Bermuda SLOOP Foundation with the interiors the creation of world-renowned designer connoisseurs of fine wine and decadent dining enjoy the The 'Bermudian' is a sail training vessel Lynn Wilson and its ocean-view verandas and plexi-glass company of world renowned gourmet chefs at the Bermuda based on civilian Bermudian-type floor panels allowing guests to make the most of its stunning Culinary Arts Festival from 21 - 23 October, while the schooners built 1810-1840 and is currently location. As well as catering to the young at heart, it is also World Rugby Classic will once again be attracting some of under construction at Rockport Marine, keen to attract families and boasts an impressive programme the world's top former international players - including Rockport, Maine. Her formal home port will be at Dockyard in front of the Clock of activities to ensure that they are entertained at all times, Jason Leonard and Kenny Logan - to the field from 6-13 Tower. Starting September 2006, BSF will which will serve to set it apart from many of its longer- November for what has come to prove one of the most offer world class extracurricular and school established neighbours. popular events in the global sporting calendar. programmes using ocean sail training to Meanwhile, the Ministry of Tourism and Transport continues Meanwhile, 21 and 22 October will also see the Bermuda develop character/team building and to excite formal learning, both academic and negotiating new gateway services from the US to ensure that Regiment celebrate 40 years of committed service to the technical. Email:[email protected] holidaymakers benefit from increasingly competitive fares Island as they welcome a host of internationally recognized Website: www.bermudasloop.org and that UK travellers can enjoy greater twin-centre performing units for the 2005 Bermuda Tattoo. Each of BERMUDA Nine Parishes opportunities. The American Airlines direct air service from their evening events are certain to deliver a stunning 'Beautifully photographed and insightfully Miami was launched as planned on 2nd March and we are combination of world class music, international dance and written with wit and humour by Bermudian, pleased to report that load factors on this flight over the first military precision for spectators. And with the Ann Spurling. With over 400 pages and few months have exceeded 85% - unprecedented performances set against the historical backdrop of the 569 colour plates of Bermuda, its homes, performance for a new service. April went on to see Keep Yard at the Royal Naval Dockyard, autumn is inhabitants and way of life.' The Bermudian Northwest Airlines - the worlds 4th largest airline - launch undoubtedly the ideal time to come back and visit. Email: [email protected] or [email protected] their weekly Detroit service, while in May Lufthansa The atmosphere on Island as well as the interest amongst Airlines introduced their first same-day flight from UK travellers remains buzzing, a reflection of all the Island Thyme Cookbook Frankfurt, connecting directly with its code-share partner's, partners and islanders working together for the success of 'This exemplary collection of recipes, US Airways, Philadelphia service. This is itself highly Bermuda over the past months. We took the decision at the menus, and table settings will tempt any significant as it moves Bermuda one step closer to our reader to experiment in the kitchen as well beginning of the year to evolve our product and to as provide a fuller understanding of the rich ultimate goal - a nonstop service from Germany. Added to encourage our greatest asset - the Bermudian people - to this, we continue to benefit further in the summer period cultural history that makes Bermuda the take an even greater interest in promoting the destination to unique island that it is.' Lady Vereker, with British Airways' fifth weekly flight (June - October) and those who visit, which has already proved a highly Government House US Airways' second daily Philadelphia flight (May - successful venture. To this end we have introduced a series Email: [email protected] October). of initiatives since January to highlight how together we can Website: www.bjsl.bm The continued impressive load factors reported by our airline ensure Bermuda remains on our visitors' holiday radar. This Telephone: +441 292 4060 partners indicate that the variety of choice in airlines includes our popular "Wake-up Bermuda" radio servicing Bermuda is resonating with residents and visitors programme, created to engage Bermudians in tourism alike. Bermuda International Airport, in fact, now has nine dialogue, and an educational scheme which involves airlines serving our Island; an incredible 50% increase in the tourism partners donating their time to go into schools and past three years. inspire our ambassadors of tomorrow to embrace the As for our cruising customers, next year will see even greater increasing number of visitors to our shores. ocean opportunities with Royal Caribbean's Empress of the However, one of the new initiatives which we would Seas - a glorious 2,020 passenger ship - having recently encourage all Bermudians and friends of Bermuda to get announced that it will be returning to Bermuda in 2006 with involved in is our "Bermuda Points of Light" programme. 26 seven-day sailings from Philadelphia. Added to this, There is no greater joy in life than spreading love - the Norwegian Cruise Lines' Norwegian Crown will make nine simple act of letting others share in something special and visits in 2006, while Carnival Cruise Lines is set to operate a finding their own happiness. The Bermuda Department of six day Bermuda cruise in both 2006 and 2007 aboard the Tourism has therefore designed this new "performance- 88,500 ton Carnival Legend. Altogether these new additions related" opportunity which invites our key supporters - could mean local shops see an influx of over US$1million in Bermudians and friends of Bermuda - to share their love for terms of tourist-spend, which is extremely positive. the Island with others and benefit from attractive financial The media spotlight will certainly be on Bermuda this year rewards in return. Through this groundbreaking initiative as it celebrates the 500th anniversary of the Island's our "Points of Light" supporters will register on-line and discovery by Spanish ship captain, Juan de Bermudez. With once they have delivered a total of 25 people or more to a fabulous Festival Season already lined up and the weather Bermuda will automatically receive a well-deserved at its best, there's no better way to rejoice than to head over commission of $25 per visiting person for their efforts. this Autumn to join in the fun. October's "Pop and Sizzle" Simply visit www.bermudapointsoflight.com to sign up. will spring to life with glittering performances by a star- We are confident that every Bermudian will play their part studded cast of artists from 5 - 9 October at this year's 10th in ensuring the success of tourism to our beautiful Island in Annual Bermuda Music Festival. This year we are proud to the months ahead, providing that extra-special touch that have secured a tremendous coup in enticing the UK's very one only encounters in Bermuda. own teenage soul diva, Joss Stone, to our shores where she We invite you to share this feeling with those who have not will join legendary vocalists Al Green, double Grammy yet experienced our delightful charms and "feel the love". winning singer Patti La Belle and the classical instrumentalist Chris Botti in taking to the Royal Naval Dr. The Hon Ewart F. Brown, JP, MP Deputy Premier and Minister of Tourism & Transport Dockyard's enchanting ocean-top stage.

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3 Discover Bermuda's Island treasures for White Mountains 7% yourself Axis 7% ______Arch 6% Aspen 5% Call Bermuda Tourism on tel: 020 8410 8188 Endurance 4% for a free information pack or visit RenaissanceRe 4% www.bermudatourism.com Platinum 3% AWAC 3% Extract from the Benfield Max Re 3% Montpelier 2% Bermuda Quarterly Report -1Q IPC 1% 2005 Quanta 1% Gross premiums written during the first quarter by the 16 PXRE 1% Bermuda re/insurers in the Benfield Bermuda Quarterly: Source: Benfield Group (The numbers are compared to the first quarter of 2004 and show the percentage change year on year) Society Events ACE saw its gross premiums written grow to $4,485 million Lecture Meetings/Seminars from $4,363 million a year ago - a 3% increase. The programme for Lecture Meetings/Seminars for 2005 has included and anticipates the following: XL saw its gross premiums written drop by 1% to $3,524 million from $3,572 million. ∑ 22nd June 2005 at Guildhall, City of London - Mr. Richard Fox, MBE, Chairman of the Lyme Regis-St. PartnerRe saw its gross premiums written drop by 7% to George's Bermuda Twinning Association. $1,439 million from $1,553 million. ∑ The Hon. Paula A. Cox, JP, MP, Minister of Finance. White Mountains saw its gross premiums written grow to $1,254 million from $1,109 million - a 13% increase. ∑ Sir Callum McCarthy, Chairman of the FSA. Axis saw its gross premiums written grow to $1,199 million ∑ The Hon. Gerald D. E. Simons, OBE, President and from $1,044 million - a 15% increase. Chief Executive Officer of The Argus Group. Arch saw its gross premiums written drop by 3% to $980 AGM and Annual Lunch million from $1,010 million. The Society's Annual General Meeting for the year 2005 and Aspen saw its gross premiums written grow to $804 million Annual Lunch was held on 12th May at Guildhall, City of from $640 million - a 26% increase. London. Mr. Alan R. Thompson, President and Chief Endurance saw its gross premiums written drop by 3% to Executive Officer of Butterfield Bank was guest speaker at $702 million from $721 million. the Lunch. RenaissanceRe saw its gross premiums written drop by 11% Annual Dinner for Members and Guests to $694 million from $780 million. 2004 Platinum saw its gross premiums written grow to $513 million from $491 million - a 4% increase. AWAC saw its gross premiums written grow to $505 million from $500 million - a 1% increase. Max Re saw its gross premiums written grow to $456 million from $440 million - a 4% increase. Montpelier saw its gross premiums written drop 8% to $306 million from $333 million. IPC saw its gross premiums written drop 2% to $206 million from $210 million. Quanta saw its gross premiums written grow to $173 million from $119 million - 45% increase. The photo caption reads (left to right) The Hon. W. Alexander Scott, JP, MP, Premier of Bermuda PXRE saw its gross premiums written grow to $125 million H.E. Sir John Vereker, KCB, Governor and Commander-in-Chief of Bermuda from $107 million - a 16% increase. Dr. James A. C. King, FRCS(C), FACS, JP, Chairman, The Bermuda Society Total GPW of $17.4bn for 1Q 2005 was up 2% on 1Q 2004. The Premier of Bermuda, The Hon. W. Alexander Scott, JP, ‘Thoroughly with Enthusiasm' MP was the Society's principal guest speaker at last year's The distribution of GPW is as follows: The Life of Sir Peter Gadsden Annual Dinner held at the Armourers' Hall in the City of Founder Chairman ACE 26% London. He was accompanied by The Hon Paula Cox, JP, The Bermuda Society XL 20% MP, Minister of Finance and The Hon. Michael Scott, JP, Email: [email protected] PartnerRe 8% MP, Minister of Telecommunications and E-Commerce.

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4 In his speech, the Premier graciously acknowledged the Mr. Thompson explained that he would be giving his Bermuda Business Society's work in support of Bermuda to further strengthen perspective on how Bermuda is developing and meeting its Information on international business in the links between Bermuda, the United Kingdom and the challenges. Bermuda may be found at: Continent of Europe thus ensuring that Bermuda remains in He went on to say that although Bermuda is not without its www.biba.org the forefront of the minds of those who have distinguished www.bma.com challenges, she remains a thriving place to do business. Berbiz - a weekly electronic newsletter on themselves in the world of business; and he invited the Bermuda faces external scrutiny, especially in the US, but Society to partner with Government as they guide Bermuda Bermudian business affairs - can be also from international bodies such as the IMF. Bermuda's obtained free by email request to Bill Storie into a new era. He highlighted his Government's Social size means that she also has unique internal issues, most (William R. Storie & Co. Ltd.) at Agenda designed to ensure Bermuda's economic well-being notably sustainable development, recruitment limitations [email protected] while at the same time addressing the needs of all Bermuda's and spiraling house prices. However, Bermuda's economic people. He stressed his Government's commitment to strength remains in its ability to adjust and compete even in educate, inform and debate the issue of Independence and Bermuda Insurance Industry today's ever-changing global market. Bermuda is Bermuda Insurance Update - the official confirmed that the work to establish the background research continuing to thrive. from which to inform the public had already begun and, in journal of the Bermuda Insurance industry - is available online at January 2005, the Bermuda Independence Committee (BIC) Perspective of economy www.bermuda-insurance.org will begin to generate and encourage the widest possible ò Economy continues to perform well - employment discussion on Independence with national dialogue and levels in 2004 returned to the pre-recession level of over debate via the media and public forums/meetings which will 38,000 jobs and balance of payments signaling a return to a include representatives from unions, business organizations, surplus position on current account. politicians and the broader Bermuda community. ò International business sector has been performing strongly. In addition to the Society's Chairman, Dr. James King - the ò Very good relationship between business and the other speakers were H.E. Sir John Vereker who gave the Bermuda Monetary Authority. Toast to Bermuda and Mr. John Dale who responded on ò Thriving fund business on the Island. behalf of the Guests. ò Bermuda continues to attract healthy levels of business The members and guests present included key figures and - recent legislation has made it a more attractive jurisdiction policy makers from the international business sector, for hedge funds. banking and financial services, insurance, air transportation, ò Tourism also promising, with an active Minister tourism, management consulting, media and public relations, looking to drive up figures, new flights into Bermuda and and the law and accounting professions. new hotels being built. ò There is discussion around the issue of Independence, Annual Dinner for Members and Guests but it is still in the early stages of research and discussion. 2005 ò Recent Moody's report contained positive analysis and The Society's 19th Annual Dinner for Members and Guests comment on Bermuda's economic fundamentals - has been arranged to take place in the Cholmondeley Room 'Bermuda's government finance indicators were vastly and Terrace at the House of Lords on the evening of 16th better than those of its peers in the Broad Aaa-A3 rating' November 2005. Cheryl Ann Lister, Chairman of the (peers include Cayman). Moody's felt that the continuation Bermuda Monetary Authority will be guest speaker. of Government's economic policy was more significant in maintaining the success of Bermuda's thriving international Meetings and Receptions business than the unresolved issue of independence. A reception for Bermudian students and Bermudians living and working in the UK is scheduled to take place during the Regulation remains strong - The IMF Report ò Bermuda's regulatory structure is an important part of fourth quarter 2005. its attraction to business. Discussions/Meetings/Receptions to be held for Ministers, ò Bermuda has managed to balance regulation with prominent business people and others visiting London. maintaining the flexibility and efficiency of doing business Members will be advised just as soon as firm dates are in the jurisdiction. known. ò Government of Bermuda invited the International Monetary Fund (IMF) to carry out an assessment of Extract from Alan R. financial regulation and supervision in Bermuda in March 2003 - mainly positive outcome, especially on the banking Thompson's address to the and securities industries - supervisory and regulatory framework found to be complying well with Basel Core Bermuda Society's Annual Principals - regulatory framework and practice in the Lunch at Guildhall on 12th May securities sector largely sound - Bermuda's legal framework and infrastructure to combat money laundering and 2005 financing of terrorism seen as adequate, which is absolutely Alan Thompson is President and Chief Executive Officer of critical in today's environment. Butterfield Bank. He is an international banker of ò There were suggestions for some improvements - as longstanding, having held increasingly senior positions in would be expected in such a detailed report - improvements the United States, Singapore and the Middle East. He were recommended in the regulation of the reinsurance assumed his current position at Butterfield Bank in January sector - however, Bermuda was seen as having a solid 2002. foundation and is already progressing in areas the IMF

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5 thought could be improved. This positions Bermuda well Extract from an address by for continuing to attract business to the Island and maintaining the reputation as a premier location in which to Richard Fox, MBE to a Bermuda do business. Society lunchtime meeting at Economic drivers of economy in good shape ò Banking - increasingly competitive banking market - Guildhall on 22nd June 2005 the HSBC acquisition of Bank of Bermuda brings global Richard Fox, MBE is the Chairman of the Lyme Regis/St. competition to all financial business lines in Bermuda - George's Bermuda Twinning Association.He gave a most Bermuda is attracting quality, global competitors to the interesting talk entitled 'The History of Admiral Sir George Island, maintaining the quality and integrity of the banking Somers' . The Meeting was chaired by Lord Waddington. industry - many opportunities in the local banking market - On arrival in St. George's, Bermuda, travelers cannot miss Butterfield Bank continues to compete and win business. the town gate proudly proclaiming the twinning of St. ò Insurance - the industry has become a significant part George's and Lyme Regis, Dorset, England. Similarly, on of the Bermuda economy - the industry has had much the approaches to Lyme Regis, notices draw attention to a attention in recent months with Eliot Spitzer's investigation unique union between two seaports. It is fitting for both into the industry - the investigation is being seen as a towns to celebrate the memory of Admiral Sir George positive development that will result in a more transparent Somers. In St. George's in April, he is remembered as part industry going forward; a process the global banking of the annual Peppercorn Ceremony. In his home town industry has already gone through - Bermuda was put under Lyme Regis, the Admiral Sir George Somers' the spotlight in the wake of this investigation and there was Commemoration Parade takes place on the nearest concern about the impact on Bermuda's insurance market. Wednesday to the 28th July each year. Bermuda's market is robust and the outlook remains positive: it is well-established, it is regulated by the BMA Synopsis and it comprises mainly companies established offshore, 24th April 1554 - George Somers was born in Lyme Regis; rather than US subsidiaries. Bermuda is the third largest the fourth of five sons to John and Alice Somers. insurance and reinsurance center (behind New York and In Lyme Regis, the fortunes of John Somers and his family London) - 1,600 insurance and reinsurance companies with were improving, and the families association with the $172 billion in assets and writing $48 billion in annual gross Williams family of Colway Manor introduced George premiums - also the leading center for captives with 940 Somers to - the two became close friends active companies (more than double the number registered thus opening introductions to the great mariners operating in the next largest jurisdiction - the Cayman Islands) - there from Plymouth. is a slowing trend in the captive market with many choosing to relocate onshore (for example, in Vermont) but new 1579 - At the age of 25, George Somers had proved himself captives are still being attracted to Bermuda. Increasingly, a competent seaman. Bermuda's attraction is not just tax - Bermuda has great 1582 - George Somers married Joane Heywood. depth of capacity; a concentration of insurance skills and 1587 - George Somers' financial base was well established; specialization; and flexibility and timeliness of he now ranked among the landed gentry. Somers is often incorporation. quoted as acquiring his wealth through privateering but the ò Tourism - beginning to recover following 9/11 and official naval records between 1570-1580 make no mention Hurricane Fabian - it is a changing and evolving business of him serving aboard any privateering vessels. and figures are promising. Hurricane Fabian especially put tourism on the back foot with many of the major hotels shut 1583-1587 George Somers' association with Walter Raleigh down, lack of beds reduced capacity and visitor numbers (who was knighted in 1584) and Sir Francis Walsingham dropped. Promising activities are well underway - air (Queen Elizabeth's spymaster) led to Somers' involvement arrivals are approaching pre-Fabian levels - cruise ship in the preparations for the expected Spanish invasion. arrivals down but still strong - visitors getting older and 1588 - 132 ships of the Spanish Armada entered the English wealthier. Channel. Somers had three ships already prepared at Lyme Internal challenges need solutions Regis and engaged with the Spaniards. The English fleet ò There are challenges to which Bermuda is looking for forced the Spanish Armada round the coast of Britain - only solutions; essentially cost-driven issues - sustainable 60 of the original 132 ships returned to Spain. development - cost of real estate - retail business. 1589 - Somers emerged as a highly successful Elizabethan Summary adventurer. ò Bermuda is in good shape, even though there are 1589 - George Somers' father, John Somers died in Lyme issues which need to be addressed - the regulatory Regis. environment and infrastructure continues to attract healthy 1590 - George Somers' brother, Nicholas Somers died in levels of business - there are still opportunities in the market Bermuda Stock Exchange Lyme Regis, leaving two sons and a widow in the care of - Bermuda is still a great place to do business and live. For more Bermuda-related business news, George and Joane Somers. subscribe to BSX Shorts, the monthly Alan R. Thompson electronic newsletter of the Bermuda Stock 1590 - George Somers' mother, Alice died in Lyme Regis. President and Chief Executive Exchange. To subscribe, email Butterfield Bank George Somers' responsibilities now rested firmly in Lyme [email protected] Regis and for the next five years, he involved himself in

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6 local politics, the merchants' guild and the town council. sighted on the port bow. The '' with 150 Bermuda Tourism passengers and crew on board was blown through the safe 1595 - Somers was persuaded to join a privateering Telephone 020 8410 8188 for a free expedition under a licence granted by Queen Elizabeth I. passage into the relatively calm water inside the reefs. One information pack or visit The voyage took in the Canary Isles, the West Indies and mile from the shore, the vessel struck a rock and stuck fast - www.bermudatourism.com Dominica, then on to Granada and the Testigo Islands and those aboard were ferried safely to the beach but, within a www.ba.com eventually The Margaritas; then on to Cumana and La few days, the ship slipped beneath the waves. Fortunately Prestige Holidays offer special discounts to for the castaways, the Spanish had visited the islands in 1515 Bermuda Society members visiting the Guayra, Venezuela. The English ships then set sail Island from the UK whether on business or northwards to the Bay of Lagua Hispaniola then on to and had left some pigs behind; they had thrived and developed into large herds - these became a valuable source pleasure - Telephone: John Dixon on 01425 Jamaica, the Cayman Islands and then on to Cape St. 480403 Anthony, Western Cuba. They then set sail for home, of food for the castaways. finally docking at Milford Haven in South Wales some six Shipbuilders worked tirelessly for 10 months and completed months after they had left Plymouth. the 80-ton 'Deliverance' and the 30-ton 'Patience'. 1597 - It was reported that the Spanish were preparing Preparations could now be made for the group's departure another armada for a further assault on England; Sir George 1610 - Land was sighted at daybreak on 21st May off Cape Somers and Sir Walter Raleigh were included in the English Henry. The settlement at Jamestown was in total distress - fleet which sailed to seek out and destroy the Spaniards. only 60 of the original settlers remained alive. It was decided Sailing from Plymouth, they reached the Bay of Biscay in that the settlement should be abandoned and the entire group June and were taken by a severe storm. Somers did not should return to England. However, they encountered a relief return and was posted missing, presumed lost at sea. fleet of three ships with a further 150 settlers on board and However, he was not lost but his ship was badly damaged returned to Jamestown; re-landing on 10th June. and in need of repair - Somers finally returned to Lyme Provisions were short and Somers offered to return to Regis in October. Bermuda for more supplies. On 19th July, two vessels set 1598 - Somers granted freedom of Lyme Regis. sail - the 'Discovery' and the 'Patience' They encountered yet 1600 - Somers' seafaring activites became more hectic; for another severe storm which blew them northwards towards ten weeks he roamed the shipping lanes off the Azores, Cape Cod. Somers was again reported lost at sea but within seeking Spanish merchant ships returning from the West the month Somers brilliant seamanship enabled him to land Indies and Africa. safely on Bermuda. 1601 - The Spanish dispatched an armada to support the Admiral Sir George Somers became ill and died on 9th Irish rebellion at Kinsale, south of Cork. Somers again November 1610. proved himself a skilful sailor and escorted the defeated Somers' nephew and heir, Matthew decided to return his Spanish fleet back to Coruna. uncle's body to England - he removed Somers' heart and 1602 - Somers joined another expedition to the Azores entrails and buried them in Bermuda; the rest of the body which proved very successful and, upon his return, Somers' was pickled in a barrel and shipped to England in the economic base had considerably increased. 'Patience'. 1603 - Following the death of Elizabeth I, James VI of The 'Patience' reached Cobb harbour, Lyme Regis on 1st Scotland, James I of England was crowned on 25th July. June 1611. With a volley of musket shot and a report of a During the reign of Elizabeth I, a wealthy and powerful single cannon, Admiral Sir George Somers was brought trading community had emerged. James realized ashore. His burial took place at the Church of St. Candida considerable financial support could be found from those and the Holy Cross at Whitchurch Canonicorum on 4th June involved in this community; he therefore embarked on a 1611. Royal progress and bestowed knighthoods on 1053 leading In 1611, as a final tribute to one of England's greatest citizens and traders. On 23rd July 1603, George Somers seafarers, his friend William Shakespeare based his final was dubbed Sir George. play 'The Tempest' on the shipwreck of Somers' ship the 'Sea 1604 - The keel of Somers' new 300-ton trading ship the Venture'. 'Sea Venture' was laid. Richard Fox, MBE 1604 - Somers was elected one of the two Members of Parliament for Lyme Regis and also elected Mayor. Sir George Somers' 1604 - Lady Somers' father, Philip Heywood died. Commemorative Parade 1604 - Somers was present at the signing of the Treaty of Wednesday 27th July 2005 was the 25th anniversary of the London which gave peace between England and Spain. Admiral Sir George Somers' Commemorative Parade held in Lyme Regis, Dorset, where Sir George Somers, the Founder 1606 - King James I appointed his Council of Virginia; Sir of Bermuda, was born on 24th April 1554. George Somers being one of the founder members of the . This event was organised with great skill and vigour by the Chairman of the Lyme Regis/St. George's Bermuda 1609 - Somers decided to lead the fleet to Virginia in his Twinning Association, Mr Richard Fox, MBE and his wife new 'Sea Venture'. Nine ships set sail with 600 settlers on Marilyn, with the other officers of the association. Richard 2nd June. Disaster struck in the form of a hurricane some happens to be an ex-Town Crier of Lyme Regis and a very 1,000 miles west of the Azores on 24th July. The 'Sea involved citizen of the Town who is well known in Bermuda Venture' was badly damaged. On 28th July, Bermuda was from previous visits.

The Bermuda Society

7 The day began with coffee at the Alexandra Hotel, where The Bermuda Society many old friends from Britain and Bermuda had the The Bermuda Society was formed in 1987 with a view opportunity to meet the Mayor of Lyme Regis , Councillor to forging close links between Bermuda and Britain in Mrs Barbara Austin, the Lord Mayor of Plymouth, whence the areas of finance, commerce and economics. The sailed the Sea Venture in 1609, Councillor Patrick Nicholson Society has strong ties with both Houses of the British and his Lady Mayoress Mrs Sally Nicholson, The Mayor of Parliament and the Commonwealth Parliamentary St. George's, Mr E. Michael Jones and His Town Crier, Mr Association, with figures in the City of London, in David Frith and the Mayor of Hamilton, Bermuda, Mr. tourism, air transportation, the professions, insurance, Lawson Mapp and his Town Crier, Mr. Ed Christopher, as reinsurance and banking as well as other opinion well as the MP for the local constituency of West Dorset and formers who have Bermuda's interests and good name at UK government shadow environment secretary, Mr Oliver heart. Letwin. The Society has become a focal point for those Thereafter, having been put in order by Mr. Philip Street, the interested in Bermuda. Lunchtime and dinner meetings Town Crier of Lyme Regis, everyone paraded through the addressed by interesting guest speakers take place Town accompanied by the excellent Lyme Regis Junior throughout the year. band, round the harbour and onto The Cobb, the great and ancient stone jetty to which Sir George Somers' body was For more information on the Society and details of brought back from Bermuda by his nephew on 1st June 1611. application for membership please contact: As the parade assembled on The Cobb, beside the very steps Suzanne Stubbins Secretary up which Sir George's body had been carried home almost The Bermuda Society & Secretariat 400 years ago, the Town Criers in turn related the story of Sir Five Trees George and the Lyme Regis/Bermuda connection. The Wood lane Mayor of Lyme Regis greeted the assembled visitors, which Stanmore included ex-Governor Lord Waddington and Lady HA7 4JZ Waddington, ex-Governor Mr. Thorold Masefield and Mrs. United Kingdom Masefield, and Bermuda Society Founder Chairman and ex- Tel: +44 (0) 20 8954 0652 Lord Mayor of the City of London Sir Peter Gadsden and Fax: +44 (0) 20 8420 7319 Lady Gadsden. The parade, led by the band, walked back to the Town; were dismissed by the Mayor and reassembled at E-mail: [email protected] the Pilot Boat Inn for an excellent lunch, with toasts given to Website: www.bermudasociety.com the memory of Sir George Somers, the Towns of Lyme Regis Minimum Annual Fees and St. George's, and to Bermuda. Corporate Membership After lunch, by then in pouring rain, many members went on £250 / $390 to visit Berne Manor Farm near Lyme Regis - site of Admiral Private Joint Membership (couples) Sir George Somers' house, Berne Manor; led by Pipe Major £35 / $55 David Frith from Bermuda, the party was cheerfully met Private Individual Membership with full wet-weather gear by farmer Mr. Richard Legg and £25 / $40 thence on to a charming commemorative service at the Church of St. Candida and the Holy Cross at Whitchurch Canonicorum, where Sir George Somers' body is buried. Sponsored Membership This category of membership enables existing members of the Ms. Jacqui Piper the soprano sang a solo of 'Love Conquers Society to give a year's membership to a recommended client or Everything' and posies were laid on the Somers Plaque. The contact. Details can be obtained from the Secretary or by Annual Cry was then made at the Village Cross at visiting the Society's website at www.bermudasociety.com Whitchurch Canonicorum by Mr. David Frith, Town Crier of St. George's, together with a Goodwill Cry by Mr. Ed Christopher, Town Crier of Hamilton, Bermuda. The group went on to visit the Bermuda Exhibition at the Lyme Regis Guildhall, which had been kindly set up by Mr. Peter Wilkinson, a leading philatelist specialising in Bermuda stamps. Sadly, a flying display by the RAF fighter jet display team, the Red Arrows, had to be cancelled because of bad weather and low cloud, but the day ended with many people getting together for supper. Undoubtedly this was a day when relations between Lyme Regis and St. George's, and Britain and Bermuda were thoroughly enhanced! Charles Vaughan-Johnson, FCIB Immediate Past Chairman The Bermuda Society Bermuda's Who's Who Directory is available online at www.whoiswho.bm